According to this ESPN report. Looks like he left school, so he is not just testing the waters.

http://espn.go.com/ncb/news/2002/0422/1372282.html

This may be one of the best things to happen to this franchise because we need a player with his style of play and may have a legit chance at drafting him. He would be the best chance to help get back into the playoffs next season.

Posted by Knick2001:

If the Knicks don't draw a good slot in the lottery, at least Wilcox declaring pushes another good player lower to the Knicks.

I see Ming, Williams, Woods, Wagner, and Gooden as the top 5. Wilcox is probably the 6th best talent in the draft pool at this point, but may have more potential than some of those players. I think he will either be taken 6th or 7th in the draft. He's the next Antonio McDyess which is exactly what we need!